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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who wrote (549)	6/21/2002 5:25:18 PM
From: bernard rogers	of 714

Ok, I have changed my mind I didn't like having a spread position at all. Spent the whole day watching it go up and down. Closed out with a loss of $140 net Missed the beauty of the day Did not do my work. Started living in that state of desperate "hope" Watching and waiting for the position to come back, like so many people are today. Today's day trading started that way I played pre-market and then when the spreads widen too much pulled my stop, and watched a $300+ loss build up No siree, not for me, I have been there Didn't like it Back to my simple 1min line day trading no trade can take more than a $40 loss If i am down $120 gross for the day I must quit. No positions taken overnight. Minimal time spent on it during the day I might even get good at it, eventually who knows Thats for me, yes siree

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